MEO 0.00% 0.0¢ meo australia limited

Ann: WA-360-P Farm-in Progress Report , page-30

  1. 675 Posts.
    The fact it's a major eliminates one of the biggest fears held - that it would be a junior or smaller cap Farminee.

    There is a fair bit of negative sentiment on this forum, and I understand why. However, having thought about it, there probably wasn't a lot of choice about not advising of delays. To explain why would be to have admitted very early on as to the stature of the farminee.

    The hurdles towards a successful farm Out seem relatively minimal now. Once the dust settles, MEO will trade sideways for a time. However, with news of a major international on board, the minute successful farm out is confirmed, we now KNOW the s.p will jump, and in a big way!

    I'm definately holding.

    Regards

    Educatorr
 
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